Full Text: RBI cuts repo rate by 25 basis points citing lower inflation

Here’s the full text of the RBI statement made after it reduced the repo rate by 25 basis points

In a surprise move the Reserve Bank of India today axed the repo rate by 25 basis citing lower inflation and falling oil prices. [caption id=“attachment_2047331” align=“alignleft” width=“380”] PTI image[/caption]Here’s the full text of the RBI statement:

Statement by Dr. Raghuram G Rajan, Governor on Monetary Policy

Full Text: RBI cuts repo rate by 25 basis points citing lower inflation

Here’s the full text of the RBI statement made after it reduced the repo rate by 25 basis points

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